Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[nanobtc]

♪ ♫ ♬I say, we can hodl if we want to
We can leave your friends behind
Because your friends don't hodl
And if they don't hodl
Well, they're no friends of mine♪ ♫ ♬

Ah, Safety Dance. Men Without Hats.

[fr4nkthetank]

"I have them in a ISK"  Oh no not the double your ISK scam from eve online  
you people ready for the fire sales?  Maybe as a xmas present, maybe Q1 2023, maybe next week who knows but the people forced to push the button.

About anyone being a hero and pretending to be a lender of last resort, know that "for last resort lending to work, borrowers must be solvent" (Bernanke. 21st century monetary policy)

As for the current situation, another quote in his book (which is quite good) is appropriate: parenthesis are mine

"...The crisis followed the usual sequence of a classic financial panic: a buildup in risky lending (DEFI, lmao shitcoin collateralized loans), followed by a loss of investor confidence in the soundness of those loans; runs on the lending institutions by short-term funding providers (we just passed this); forced fire sales of troubled assets (shitcoins), contributing to sharp asset price declines; and insolvencies of lenders and borrowers, extending the downward spiral (we may be at the extending point)."

In short, central banks exist for a reason.  If you want to play pretend financial system with made up shitcoins, daddy Bernanke won't be there to save ordinary people.  No one will.  If I find out a serious institution accepted shitcoins as collateral for real world loans, I swear i'm gonna find another planet to live on.

edit: oh wait microstrategy fuck

[xhomerx10]

♪ ♫ ♬I say, we can hodl if we want to
We can leave your friends behind
Because your friends don't hodl
And if they don't hodl
Well, they're no friends of mine♪ ♫ ♬

Ah, Safety Dance. Men Without Hats.

 I see what you did there. 

[ChartBuddy]

Explanation

[HI-TEC99]

Where the dude @

Damn I am late on this!
Isla Holbox, Mexico

"I've seen things you people wouldn't believe.
Attack ships on fire off the shoulder of Orion.
I watched c-beams glitter in the dark near the Tannhäuser Gate.
All those moments will be lost in time, like tears in rain."

Everyone knows the source, I suppose.

[ChartBuddy]

Explanation

[Faisal2202]

He is just saying not claiming      wtf then why he deleted the tweet more is in the news.


Well posts is from yesterday

These big crocodiles will never leave a chance to degrade others. I think he does not feel that way. Ahh he is just sharing facts well good move of deleting the tweet maybe it's just a start for another take down 

Resource telegram

[ChartBuddy]

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[ChartBuddy]

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[aesma]

Of note....in Houston, TX, real estate taxes are 'killing" me every darned year.
They are roughly 2% per year per current year RE value...you can have 3X of the house (in $) in Cali, 4X in Colorado for the same tax.
As valuation rises, that 2% becomes more and more. The only limit of increase is 10% increase max for the year, but if, say, property value increased 20% in a year, this means that you would get hit with 10% tax increase two years in a row, unless value drops in year 2.

But no income tax.

You have to pay somehow for the quality electric infrastructure...

[aesma]

He is just saying not claiming      wtf then why he deleted the tweet more is in the news.


Well posts is from yesterday

These big crocodiles will never leave a chance to degrade others. I think he does not feel that way. Ahh he is just sharing facts well good move of deleting the tweet maybe it's just a start for another take down 

Resource telegram

Taking down FTX hurt but now that we know how dodgy it was, you can't really argue it's a bad thing.

Going after Coinbase is another story. I don't know in what state it is, but I assume it's run more professionally than FTX. Also, if we're looking at dodgy things, what about BNB coin ?

[ChartBuddy]

Explanation

[BitcoinBunny]

....what about BNB coin ?

Hey, nothing to see here so I have to interject. BNB coin is super reliable, has only a set amount issued, we burn a lot of them every night to stay warm in our multi million dollar mansions and the income that we do generate pays for my uncle's thrice daily foot massage. Are you saying you want to deprive an old uncle out of his thrice daily foot massages? Things are being run very differently at Binance than they were at FTX with Sam Fuckman-Boiled in charge. So please keep buying BNB, you know it's good for you whilst this circus is still going and the spotlight isn't on us (yet.... again). Thank you.

[ChartBuddy]

Explanation

[Aanuoluwatofunmi]

https://twitter.com/business/status/1595288005467668480?t=7qpNxoGqUhM91yneYcSfPQ&s=19


Could this also be part of El-Savador progress many have turn to a reproach when it comes to adoption and it's distinct impact on the economy, bitcoin daily purchase and the volcanic bond goes goes a miles way in proving what El-Savador got even at this current bear with bitcoin.

[aesma]

China is also looking into buying El Salvador... https://www.theguardian.com/technology/2022/nov/15/china-el-salvador-economy-cryptocurrency-fall

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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